$97,500

Used Car Loan Calculator

» Updated for MAS Restrictions on 26 May 2016

$
$
 of Car Price
11 Aug 2016 (6 years, 6 months remaining)
Months
(6 years, 6 months )
%

$27,481 Information
Based on this OMV and registration date, this car is eligible for minimum 30% down payment.
$47,020
PARF Car  (min PARF 50% of ARF)

Results

Financial Commitment

Car Price
$97,500
Monthly Installment
$895.28 /month for 6 years, 6 months (78 months) Information

Upfront Payment

Transfer Fee
$25
Down Payment
$29,250 (30% of Car Price)
1st Installment
$895.28
Total Upfront Payment
$30,170.28

Loan Details

Total Loan
$68,250 Information
Total Interest
$11,331 Information
Total Sum Paid
$79,581 at the end of 6 years, 6 months (78 months)

Other Car Financial Details

COE
$47,020 Information
ARF Paid
$30,473 Information
PARF Rebate
You get back $15,237 at the end of 10th year (PARF Rebate) Information
Annual Depreciation
$12,710 Information
Loan Redemption Amount Paper/Deregistration Value
Month Year
Loan Redemption
Amount The amount to pay out to the bank upon the early settlement of loan. It is the oustanding minus the loan redemption.
Dereg Value Total value of PARF and COE Rebate, also known as 'Paper Value'.
Cash Position The cash balance of the car upon loan settlement and car degistration. If this value started to be greater than 0, it is commonly known as 'Break Even'.
Mar 2020 -57,892 50,782 -7,110
Apr 2020 -57,280 50,390 -6,889
May 2020 -56,664 49,998 -6,666
Jun 2020 -56,044 49,606 -6,438
Jul 2020 -55,421 49,215 -6,207
Aug 2020 -54,794 48,823 -5,972
Sep 2020 -54,164 48,431 -5,733
Oct 2020 -53,530 48,039 -5,491
Nov 2020 -52,892 47,647 -5,245
Dec 2020 -52,250 47,255 -4,995
Jan 2021 -51,605 46,864 -4,742
Feb 2021 -50,956 46,472 -4,485
End Of Year 1 of Loan
Mar 2021 -50,304 46,080 -4,224
Apr 2021 -49,648 45,688 -3,960
May 2021 -48,988 45,296 -3,692
Jun 2021 -48,324 44,904 -3,420
Jul 2021 -47,657 44,513 -3,144
Aug 2021 -46,986 44,121 -2,865
Sep 2021 -46,311 42,355 -3,957
Oct 2021 -45,633 41,963 -3,670
Nov 2021 -44,951 41,571 -3,380
Dec 2021 -44,266 41,179 -3,086
Jan 2022 -43,576 40,788 -2,789
Feb 2022 -42,883 40,396 -2,488
End Of Year 2 of Loan
Mar 2022 -42,187 40,004 -2,183
Apr 2022 -41,486 39,612 -1,874
May 2022 -40,782 39,220 -1,562
Jun 2022 -40,074 38,828 -1,246
Jul 2022 -39,363 38,437 -927
Aug 2022 -38,648 38,045 -603
Sep 2022 -37,929 36,279 -1,650
Oct 2022 -37,207 35,887 -1,320
Nov 2022 -36,481 35,495 -986
Dec 2022 -35,751 35,103 -648
Jan 2023 -35,018 34,711 -306
Feb 2023 -34,280 34,320 39
End Of Year 3 of Loan
Mar 2023 -33,540 33,928 388
Apr 2023 -32,795 33,536 741
May 2023 -32,047 33,144 1,097
Jun 2023 -31,295 32,752 1,457
Jul 2023 -30,540 32,360 1,821
Aug 2023 -29,780 31,969 2,188
Sep 2023 -29,018 30,203 1,185
Oct 2023 -28,251 29,811 1,560
Nov 2023 -27,481 29,419 1,938
Dec 2023 -26,707 29,027 2,320
Jan 2024 -25,929 28,635 2,706
Feb 2024 -25,148 28,244 3,096
End Of Year 4 of Loan
Mar 2024 -24,363 27,852 3,489
Apr 2024 -23,574 27,460 3,885
May 2024 -22,782 27,068 4,286
Jun 2024 -21,986 26,676 4,690
Jul 2024 -21,187 26,284 5,098
Aug 2024 -20,383 25,893 5,509
Sep 2024 -19,576 24,127 4,550
Oct 2024 -18,766 23,735 4,969
Nov 2024 -17,951 23,343 5,392
Dec 2024 -17,133 22,951 5,818
Jan 2025 -16,311 22,559 6,248
Feb 2025 -15,486 22,168 6,682
End Of Year 5 of Loan
Mar 2025 -14,657 21,776 7,119
Apr 2025 -13,824 21,384 7,560
May 2025 -12,988 20,992 8,004
Jun 2025 -12,148 20,600 8,453
Jul 2025 -11,304 20,208 8,904
Aug 2025 -10,456 19,817 9,360
Sep 2025 -9,605 18,051 8,445
Oct 2025 -8,750 17,659 8,908
Nov 2025 -7,892 17,267 9,375
Dec 2025 -7,030 16,875 9,845
Jan 2026 -6,164 16,483 10,319
Feb 2026 -5,294 16,092 10,797
End Of Year 6 of Loan
Mar 2026 -4,421 15,700 11,278
Apr 2026 -3,544 15,308 11,764
May 2026 -2,664 14,916 12,252
Jun 2026 -1,780 14,524 12,745
Jul 2026 -892 14,132 13,241
Aug 2026 0 13,741 13,741
Disclaimer: The Car Loan Calculator is used as a guide to help you to get a better sense of your financial commitments when buying a car. It does not warrant the accuracy, adequacy or completeness of the figures presented. Oneshift.com expressly disclaims liability for errors or omissions.

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